Generac Reports Third Quarter 2021 Results
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Generac Holdings (GNRC) Tops Q3 EPS Estimates, Misses on Revenue, BofA and UBS Downgrade to Neutral on Valuation but Remain Positive on Fundamentals
November 3, 2021 9:43 AM EDTShares of Generac Holdings (NYSE: GNRC) are down Wednesday after the company reported mixed Q3 results.
Generac Holdings reported Q3 EPS of $2.35 to beat the analyst estimate of $2.32. Revenue for the quarter came in at $943 million versus the consensus estimate of $961.11 million.
We continued to experience exceptional demand during the third quarter leading to all-time record revenue and further increases in our backlog. We again hit record production levels in spite of the challenging supply chain environment that deteriorated during the third quarter. We have tremendous momentum in our business as we... More
Generac Holdings (GNRC) Tops Q3 EPS by 3c
November 2, 2021 6:11 AM EDTGenerac Holdings (NYSE: GNRC) reported Q3 EPS of $2.35, $0.03 better than the analyst estimate of $2.32. Revenue for the quarter came in at $943 million versus the consensus estimate of $961.11 million.
For earnings history and earnings-related data on Generac Holdings (GNRC) click here.
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